Moderately bullish activity in Carvana (CVNA), with shares up $2.17, or 0.46%, near $474.89. Options volume nearly triple the daily average with 123k contracts traded and calls leading puts for a put/call ratio of 0.81, compared to a typical level near 1.22. Implied volatility (IV30) is higher by 1.6 points near 49.5,in the bottom quartile of the past year, suggesting an expected daily move of $14.81. Put-call skew flattened, suggesting a modestly bullish tone.
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